Tech Company Financing Transactions
Piccolo Medical Funding Round
Piccolo Medical, based in San Francisco, secured $5.5 million in funding from Event Capital Strategies.
Transaction Overview
Company Name
Announced On
10/2/2023
Transaction Type
Venture Equity
Amount
$5,500,000
Round
Series B
Investors
Event Capital Strategies (Lead Investor) (Chris Yamamoto)
Proceeds Purpose
The company intends to use the funds for the further development and commercialization of its catheter guidance technology, including the next-generation SmartPICC® cathether tip location and navigation system that received 510(k) approval from the FDA in January 2021.
Company Information
Company Status
Private & Independent
Industry
Healthcare IT
Mailing Address
218 Mississippi St
San Francisco, CA Undisclosed
USA
San Francisco, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Operator of a medical device company intended to offer catheter navigation technology. The company's devices have a system that provides caregivers the ability to navigate peripherally inserted central catheters (PICCs) to the entryway of the heart without relying on x-ray or fluoroscopy confirmation of correct catheter placement, enabling patients to get accurate heart treatments.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Augie Shanahan
Chief Marketing Officer
Dan Burnett
Chief Operating Officer
John McKenzie
Browse more venture capital transactions:
Prev: 10/2/2023: Pivot venture capital transaction
Next: 10/2/2023: Health Data Analytics Institute venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs